|
Cash Flow for
Cabot Microelectronics Corporation
(CCMP)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
40,826 |
51,662 |
49,458 |
11,187 |
38,338 |
| Depreciation |
23,545 |
23,992 |
24,994 |
24,832 |
25,951 |
| Amortization |
- |
- |
- |
- |
- |
| Amortization of Intagibles |
- |
- |
- |
- |
- |
| Deferred Income Taxes |
(3,523) |
4,934 |
(2,150) |
(2,064) |
(5,894) |
| Operating Gains/Losses |
247 |
140 |
107 |
1,645 |
1,380 |
| Extraordinary Gains/Losses |
- |
- |
- |
- |
- |
| Decrease in Receivables |
(4,622) |
6,623 |
(1,985) |
(8,519) |
11,849 |
| Decrease in Inventories |
(10,228) |
(2,816) |
(5,715) |
8,084 |
(9,268) |
| Decrease in Prepaid Expenses |
432 |
(658) |
(6,021) |
4,889 |
(4,921) |
| Decrease in Other Current Assets |
- |
- |
- |
- |
- |
| Increase in Payables |
2,026 |
(1,021) |
1,555 |
(464) |
(2,472) |
| Increase in Other Current Liabilities |
(164) |
(1,181) |
16,860 |
(8,003) |
3,397 |
| Decrease in Other Working Capital |
- |
- |
- |
- |
- |
| Other Non-Cash Items |
17,868 |
11,891 |
11,282 |
13,110 |
12,479 |
| Net Cash from Continuing Operations |
66,407 |
93,566 |
88,385 |
44,697 |
70,839 |
| Net Cash from Discontinued Operations |
- |
- |
- |
- |
- |
| Cash from Operating Activities |
66,407 |
93,566 |
88,385 |
44,697 |
70,839 |
|
|
| Sale of Property, Plant, Equipment |
8 |
41 |
2 |
1 |
42 |
| Sale of Long Term Investments |
- |
25 |
50 |
50 |
- |
| Sale of Short Term Investments |
- |
- |
- |
- |
383,290 |
| Purchase of Property, Plant, Equipment |
(19,741) |
(28,252) |
(11,972) |
(8,493) |
(19,232) |
| Acquisitions |
- |
- |
- |
(60,520) |
- |
| Purchase of Long Term Investments |
- |
- |
- |
- |
- |
| Purchase of Short Term Investments |
- |
- |
- |
- |
(233,775) |
| Other Investment Changes, Net |
(155) |
- |
- |
- |
- |
| Cash from Investing Activities |
(19,683) |
(28,186) |
(11,920) |
(68,962) |
130,325 |
| Cash from Discontinued Investing Activities |
- |
- |
- |
- |
- |
|
| Issuance of Debt |
175,000 |
- |
- |
- |
- |
| Issuance of Capital Stock |
36,497 |
38,051 |
3,429 |
2,206 |
4,889 |
| Repayment of Debt |
(2,199) |
(1,296) |
(1,210) |
(1,129) |
(1,072) |
| Repurchase of Capital Stock |
(34,537) |
(55,499) |
(25,764) |
(336) |
(39,001) |
| Payment of Cash Dividends |
(347,140) |
- |
- |
- |
- |
| Other Financing Charges, Net |
636 |
830 |
- |
- |
- |
| Cash from Financing Activities |
(171,743) |
(17,914) |
(23,545) |
741 |
(35,184) |
| Cash from Discontinued Financing Activities |
- |
- |
- |
- |
- |
|
|
| Effect of Exchange Rate Changes |
932 |
916 |
1,292 |
2,009 |
930 |
| Net Change in Cash |
(124,087) |
48,382 |
54,212 |
(21,515) |
166,910 |
|
| Cash at Beginning of Year |
302,546 |
254,164 |
199,952 |
221,467 |
54,557 |
| Cash at End of Period |
178,459 |
302,546 |
254,164 |
199,952 |
221,467 |
| Foreign Sales |
370,887 |
- |
- |
- |
303,674 |
| Domestic Sales |
56,770 |
- |
- |
- |
71,395 |
|
|
|
